ML

Martin Charles Lougen

27 Years of Experience

Firm Information

Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
16 advisors
Number of Clients
1,930 clients
Average Client Portfolio
$169K average
Assets Under Management
$326.6M

Fee Structure

Investment management fees range from 0.0% to 2.00% annually, based on the complexity of services, level of assets, and overall relationship. Fees are negotiable. Clients may also pay advisory fees to Independent Managers, with the total fee not exceeding 3% annually. For selection of other advisors through a solicitor arrangement, Silver Grove shares in the advisory fee paid by the client directly to the third-party money manager. Financial planning fees may be higher if an estate planning or tax preparation package is needed.

Areas of Practice
Investment ManagementRetirement PlanningEstate PlanningFinancial Planning & Coaching
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Advisor Information

Office location

400 Sterling Drive, Orchard Park, NY, 14127

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Regulatory History (1)
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Customer Dispute
October 2008
Denied
Other Business ActivitiesSells Insurance

Martin is involved in numerous real estate rental businesses and property management, as well as owning a pub/restaurant. He also provides investment advisory services through Silver Grove Advisory Services Inc, spending about half his time on this activity, and is an agent for non-variable insurance, dedicating a few hours per week.

Employment History
Current Registrations
Silver Grove Advisory Services
August 2021 - Present · 4 yrs 5 mos
LPL Financial LLC Broker
December 2013 - Present · 12 yrs 1 mo
Previous Registrations
Metlife Securities INC.Broker
December 2005 - December 2013 · 8 yrs
Metropolitan Life Insurance CompanyBroker
December 2005 - July 2007 · 1 yr 7 mos
Citistreet Equities LLCBroker
July 1999 - December 2005 · 6 yrs 5 mos
MML Investors Services, INC. Broker
August 1997 - November 1998 · 1 yr 3 mos
State Registrations3 states
FLNCNY
AdvisorBrokerBoth
Exams
No exam information available for this advisor.
Martin Charles Lougen - Financial Advisor | AdvisorDiscover